AM3 (Georgia)
Posts: 29
Posts: 29
Posted:
We have 100 condominiums and the biggest hurdle we will have real soon is asking the Board to resign. The current Board has been in place through 4 terms of 3 years each. We have not had enough eligible voters to vote them off due to fee delinquencies that have kept us from voting them off. We have garnered the support of half of the owners and we will be asking the board politely to resign from the Board at the annual meeting because we want a new board with fresh ideas commitment, and homeowner involvement to improve our investment. The Board has been derelict in a number of responsibilities early on and did not have a sense of urgency in handling matters and in taking care of the smallest items, insurance has lapsed several times, and our property is in shambles. Some of it has been due to financial constraints and other reasons are due to the boards non-performance that was in their control. They failed to have a plan to collect delinquent fees as far back 10 years ago before it got to such a catastrophic level. This board has taken the position that they will stay on the board forever. We plan to make a simple request for their resignations at the meeting due to the number of years service on the Board. The bylaws state a three year term. We expect that the board will not step down willingly. If they do not do we need to request a special meeting to remove them from the Board if they decline to resign? We are in the state of Georgia.
We must make a change.
A.M.